Research

Dubai, UAE, June 6th, 2024, Chainwire Mythos Research, a research and advisory firm, has released an in-depth report analyzing Aethir, a pioneering decentralized platform for GPU-as-a-Service (GPUaaS). Published in collaboration with CMC Research, this comprehensive study provides invaluable insights into Aethir's innovative solutions, technology, strategic partnerships, and market positioning within the rapidly evolving Decentralized Physical Infrastructure Networks (DePIN). The report explores Aethir's vision of bridging the gap between GPU resource providers and consumers across industries such as artificial intelligence (AI),…

K33 Researchers are optimistic spot Ethereum ETFs will attract over $4 billion in assets in 5 months. This inflow is poised to stir a growth in the price of the cryptocurrency across the board. Crypto analytical firm K33 Research predicts spot Ethereum Exchange-Traded Funds (ETFs) will attract inflows of $4 billion within the first five months of trading. This translates to 800,000 to 1.26 million ETH or around 0.7% to 1.05% of the entire coin supply. Notably, this projection surpasses…

Michael Nadeau, founder of The DeFi Report, has published a deep dive into the implications of the approval of spot Ethereum (ETH) Exchange-Traded Funds (ETFs) on the cryptocurrency’s price trajectory. This analysis follows on the heels of a significant regulatory nod from the US Securities and Exchange Commission (SEC), which approved the 19b-4 applications for eight leading financial entities — Grayscale, Bitwise, BlackRock, VanEck, Ark 21Shares, Invesco, Fidelity, and Franklin. These approvals, granted under a collective omnibus order on May…

Over 80% of tokens listed on Binance in the past six months have declined in value, raising questions about the influence of VCs and CEXs on token valuations. Exceptions exist, suggesting that tokens without major VC backing or linked to strong market trends like Solana may perform differently. Following a critical update from CNF on Binance’s BNB Beacon Chain usage, a disturbing pattern in token listings on the exchange has been highlighted. An analysis of the past six months shows…

Coinbase believes the approval of an ETH ETF is inevitable, comparing the situation to the SEC’s approval of Bitcoin ETFs earlier this year, and estimates a 30-40% chance of approval by May 31, 2024. The approval of spot Ethereum ETFs requires the SEC to greenlight both the 19b-4 filings and the S-1 registration forms. While the Ethereum price has been trading under pressure for the past few weeks at around $3,000 levels, the latest report from Coinbase says that an…

The once magnificent EOS blockchain is plotting a major comeback through a network upgrade in July. The protocol is eyeing a major DeFi overhaul that will connect it with Bitcoin to drive its utility. The EOS blockchain, after years of stagnation, is set for a significant comeback in 2024, according to recent research by Messari. The network, which began its reinvention at the end of 2023, has already demonstrated notable revenue growth by the close of Q1. The drive signals…

K33 Research has disclosed that the upcoming repayments by FTX to creditors could increase buying pressure and cause a strong market performance later in the year.  However, a section of the crypto communities raises concerns about the overall repayment plans expected to be based on November 2022 prices.  The crypto market has in the early hours of trading shown a little sign of resurgence, evident in the 3.96% surge in the total market cap. Fortunately, renowned analysts anticipate continuous growth…

The post Ripple Grants $1.05 Million to Morgan State for Blockchain Research appeared first on Coinpedia Fintech News Ripple’s $1.05 million grant to Baltimore’s Morgan State University strengthens research on blockchain at its National FinTech Center. The investment aims to support projects that bridge blockchain with machine learning and AI, positioning MSU at the forefront of fintech innovation. This initiative extends Ripple’s partnership with MSU since 2019 and aligns with its global University Blockchain Research Initiative (UBRI), which aims to…

Crypto research platform 10x Research recently noted that the Bitcoin Relative Strength has jumped to 40%. In line with this, they provided insights into what major moves the flagship crypto might make soon enough.  What Next For Bitcoin? In their newsletter titled “Fake Dip?” 10x Research drew the crypto community’s attention to the fact that Bitcoin has historically experienced potential rallies whenever its relative strength index (RSI) drops to 40%. As such, there is the possibility that BTC could again…